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FOREIGN DIRECT INVESTMENT INTENSITY EFFECTS ON TFP INTENSITY OF ASEAN 5 PLUS 2

Journal of Economic Development
약어 : JED
2008 vol.33, no.2, pp.155 - 166
DOI : 10.35866/caujed.2008.33.2.007
발행기관 : 중앙대학교 경제연구소
연구분야 : 경제학
Copyright © 중앙대학교 경제연구소
ELSADIG MUSA AHMED 1

1Multimedia University

134 회 열람

This study aims to investigate the role of foreign direct investment (FDI) intensity through decomposition of labour productivity growth into contributions of capital deepening, increased usage of foreign direct investment (FDI) intensity, and the simultaneous contribution of the quality of these factors. This has expressed as the contribution of total factor productivity (TFP) intensity growth in achieving productivity driven growth in ASEAN 5 (Malaysia, Indonesia, Philippines, Singapore and Thailand) plus 2 (China and South Korea). This study claims to fill in the gaps of previous studies by developing applications of intensive growth theory and introducing the TFP intensity (TFP per unit of labour). The results show that the productivity growth of ASEAN 5 plus China and South Korea is input driven, however, South Korean Model has constructed companies such as Daewoo, Samsung and LG that competed globally. The study also finds that the impact of FDI intensity is positive with slight contribution to TFP intensity growth.

ASEAN 5 Plus 2, FDI Intensity, TFP Intensity, Input-Driven

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